Guideline Value

Corporate

Guideline Value for Stedbord Hospital Road

₹2700/sq.ft.

The guideline value for Stedbord Hospital Road in Thirumullaivoyal village (Ambattur SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirumullaivoyal

Village

Ambattur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹1675 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 ₹800 /sq.ft.
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop,ambattur- 600 053
044-26584174
[email protected]

DRO (District Registrar Office)

Nsc Bose Road, Kuralagam First Floor, Esplaned Street, Chennai-108
044-25266212
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Stedbord Hospital Road

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Stedbord Hospital Road guideline value

The current guideline value of Stedbord Hospital Road is Rs 2,700 per sq.ft, effective from 1 July 2024. This road is located in Thirumullaivoyal village under the Ambattur SRO, with a land classification of Residential Special Type - II.

How the guideline value of Stedbord Hospital Road has changed

Looking at the revisions, the guideline value for Stedbord Hospital Road has seen significant changes over the years. In 2007, the value was Rs 800 per sq.ft, which increased to Rs 2,500 per sq.ft in 2012, but then decreased to Rs 1,675 per sq.ft in 2017. The value rose again to Rs 2,500 per sq.ft in 2023, and most recently, it increased by 8% to Rs 2,700 per sq.ft in 2024.

From 2017 to 2023, there was a notable increase of 49%. The rise from 2007 to 2012 was substantial at 213%, followed by a decrease of 33% from 2012 to 2017. Overall, from 2007 to 2024, the guideline value has increased by 238%. The register has no figures for the years 2002 and 2003 for this street.

Guideline values in Thirumullaivoyal

In Thirumullaivoyal, there are 975 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 880 to Rs 5,500 per sq.ft, with a median of Rs 2,400 per sq.ft. Stedbord Hospital Road's 2024 figure is above this median.

Stamp duty and registration fee for property in Stedbord Hospital Road

For a 1,000 sq.ft plot at the current guideline value of Rs 2,700 per sq.ft, the total guideline value would be Rs 27,00,000. The stamp duty at 7% would amount to Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, bringing the total to Rs 2,43,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Stedbord Hospital Road?

The Sub Registrar Office that covers Stedbord Hospital Road is the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Thirumullaivoyal

The guideline value is a crucial factor in property transactions within Thirumullaivoyal, as it determines the minimum value at which a property can be registered. This value is used to calculate the stamp duty and registration fees, ensuring that both buyers and sellers adhere to the legal requirements set by the state.

When buying or selling property, it is essential to be aware of the current guideline value to avoid any discrepancies during registration. The guideline value reflects the official valuation of the property and helps in maintaining transparency in real estate transactions.

Frequently asked questions

What is the current guideline value of Stedbord Hospital Road?

The current guideline value of Stedbord Hospital Road is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed significantly from Rs 800 per sq.ft in 2007 to Rs 2,700 per sq.ft in 2024, with various fluctuations in between.

What is the land classification for Stedbord Hospital Road?

The land classification for Stedbord Hospital Road is Residential Special Type - II.

What are the stamp duty and registration fees for property transactions?

The stamp duty is charged at 7% of the guideline value, and the registration fee is 2%. For example, on a guideline value of Rs 27,00,000, the total fees would be Rs 2,43,000.

Which office handles property registrations in Thirumullaivoyal?

The Ambattur Sub Registrar Office handles property registrations in Thirumullaivoyal, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.